Global Electrographic Printing Market 2015-2019
About Electrographic Printing
Electrophotography is a dry printing technique invented by Chester Carlson in 1938. The idea was acknowledged in 1947 by Xerox Corp., formerly known as The Haloid Co. Electrophotography is the most popular technology used in digital printing and is generally used in offices. Another common technology for digital printing is the inkjet technology, which is primarily for personal use. Though electrophotographic printing is popular for commercial use, the introduction of cost-effective, high-speed inkjet printing systems will increase the popularity of this type of digital printing among business customers.
TechNavio's analysts forecast the revenue of the Global Electrographic Printing Market to grow at a CAGR of 5.90 percent over the period 2014-2019. By volume, the market is expected to grow at a CAGR of 6.50 percent.
Covered in this Report
This report gives an overview of the Global Electrophotographic Printing market for the period 2015-2019. It also presents data on market segmentation by application and geography. By volume, it considers the number of A4 sheets being printed. The report also presents the current and the forecast market value of each application segment.
TechNavio's report, the Global Electrographic Printing Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Electrographic Printing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Electrophotographic Printing Market 2015-2019
Technavio recognizes the following companies as the key players in the global electrophotographic printing market: Canon Inc., Eastman Kodak Co., Hewlett-Packard (HP) Co., Konica Minolta Inc. and Xerox Corp.
Other Prominent Vendors in the market are: Jadason Enterprises, MGI Digital Graphic Technology, The Ricoh Company, The Imaging Systems Group and Xeikon
Commenting on the report, an analyst from Technavio’s team said: “One major market trend is the increased use of electrophotographic printing for labels. Organizations have a growing need to retain customers, attract new ones, and gain customer loyalty. So, they use electrophotographic printing because of affordable price and its better quality compared to other printing types.”
According to the report, the growth in digital printing is the main driver for the global electrophotographic printing market, as digital printing is becoming more popular than traditional printing. In addition hybrid printing technology, which includes both digital and conventional printing, is gaining prominence.
Further, the report states that the high average unit cost of electrophotographic printers is a challenge to market growth. Though electrophotographic printing has low setup costs, requires only a small number of setup sheets to run, and takes minimal time to function, the high average unit cost hinders its adoption.
Canon Inc., Eastman Kodak Co, Hewlett-Packard (HP) Co, Konica Minolta Inc, Xerox Corp, Jadason Enterprises, MGI Digital Graphic Technology, The Ricoh Company, The Imaging Systems Group, Xeikon
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